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Citi ups Tandem target, adds ‘downside 90-day catalyst watch’

Citi raised the firm’s price target on Tandem Diabetes (TNDM) to $22 from $16 and keeps a Neutral rating on the shares. Citi also added a “downside 90-day catalyst watch” on the shares. The firm sees 2026 expectations as too high going into the company’s initial outlook.

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